Type of Interest. LIBOR Interest of _________________[please specify name of foreign currency]. 2.4.1. LIBOR Interest shall be set for a period of __________________ months. The nominal annual interest during the first interest period shall be ____________%, subject to Section 2.4.2.1 hereafter. 2.4.2. The foregoing nominal annual interest rate will consist of the following interest rates: 2.4.2.1. the LIBOR rate at the day of drafting this agreement, which may vary from the date hereof until the actual date of The Loan. 2.4.2.2. fixed additional margin.
Appears in 2 contracts
Sources: Framework Agreement for Foreign Currency Loans (Wintegra Inc), Framework Agreement for Foreign Currency Loans (Wintegra Inc)